$user = $this->Session->read('Auth.User');
//find the group of logged user
$groupId = $user['Group']['id'];
$viewFile = '/var/www/html/newbusinessage.com/app/View/Articles/view.ctp'
$dataForView = array(
'article' => array(
'Article' => array(
'id' => '6455',
'article_category_id' => '1',
'title' => 'Number of Problematic BFIs Comes Down',
'sub_title' => '',
'summary' => 'The number of problematic banks and financial institutions (BFIs) has recently come down. ',
'content' => '<p>August 23: The number of problematic banks and financial institutions (BFIs) has recently come down. The number of BFIs which were in trouble for a long time has been reduced after meeting the criteria set by Nepal Rastra Bank. There were 16 problematic BFIs in the country until a few years ago but that has been reduced to nine at present.</p>
<p>A financial report till mid-July prepared by the central bank has revealed that seven problematic BFIs have overcome their problems. Among them, General Finance and Arun Finance are back in operation. Some other troubled BFIs are either in course of operating under normal circumstances or in the process of merging with other institutions.</p>
<p>Among the nine problematic BFIs, three are in the process of share ownership transfer.</p>
<p>NRB sources informed that the three BFIs opted for share ownership transfer as they are in the process of merger or acquisition. Another BFI, which is also in process of acquisition, has started discussion about share ownership transfer. Cases of two remaining BFIs are sub judice in the court, informed NRB.</p>
<p>The process of acquisition and merger which started during the tenure of Dr Yubaraj Khatiwada as the governor of NRB has not only reduced the number of BFIs but also helped in bringing down the number of problematic BFIs. In addition to that, the mandatory provision of doubling the paid-up capital within two years introduced by the current governor of NRB has expedited the process of acquisition of problematic BFIs. As a result, a total of 170 BFIs have been involved in the merger/acquisition process as of mid-July 2017. Following the merger/acquisition process, the license of 111 BFIs have been scrapped and there are 39 institutions left.</p>
<p> </p>
',
'published' => true,
'created' => '2017-08-23',
'modified' => '2017-08-23',
'keywords' => '',
'description' => '',
'sortorder' => '6238',
'image' => null,
'article_date' => '2017-08-23 00:00:00',
'homepage' => false,
'breaking_news' => false,
'main_news' => true,
'in_scroller' => false,
'user_id' => '16'
),
'ArticleCategory' => array(
'id' => '1',
'name' => 'NEWS',
'parentOf' => '0',
'published' => true,
'registered' => '2015-07-20 00:00:00',
'sortorder' => '158',
'del_flag' => '0',
'homepage' => true,
'display_in_menu' => true,
'user_id' => '1',
'created' => '0000-00-00 00:00:00',
'modified' => '2018-11-22 11:58:49'
),
'User' => array(
'password' => '*****',
'id' => '16',
'user_detail_id' => '0',
'group_id' => '1',
'username' => 'anmaharjan@newbusinessage.com',
'name' => '',
'email' => 'anmaharjan@newbusinessage.com',
'address' => '',
'gender' => '',
'access' => '1',
'phone' => '',
'access_type' => '0',
'activated' => false,
'sortorder' => '0',
'published' => '0',
'created' => '2016-04-04 17:02:17',
'last_login' => '2018-09-17 11:47:56',
'ip' => '202.63.242.112'
),
'ArticleComment' => array(),
'ArticleFeature' => array(),
'ArticleHasAuthor' => array(),
'ArticleHasTag' => array(),
'ArticleView' => array(
(int) 0 => array(
[maximum depth reached]
)
),
'Slider' => array()
),
'current_user' => null,
'logged_in' => false
)
$article = array(
'Article' => array(
'id' => '6455',
'article_category_id' => '1',
'title' => 'Number of Problematic BFIs Comes Down',
'sub_title' => '',
'summary' => 'The number of problematic banks and financial institutions (BFIs) has recently come down. ',
'content' => '<p>August 23: The number of problematic banks and financial institutions (BFIs) has recently come down. The number of BFIs which were in trouble for a long time has been reduced after meeting the criteria set by Nepal Rastra Bank. There were 16 problematic BFIs in the country until a few years ago but that has been reduced to nine at present.</p>
<p>A financial report till mid-July prepared by the central bank has revealed that seven problematic BFIs have overcome their problems. Among them, General Finance and Arun Finance are back in operation. Some other troubled BFIs are either in course of operating under normal circumstances or in the process of merging with other institutions.</p>
<p>Among the nine problematic BFIs, three are in the process of share ownership transfer.</p>
<p>NRB sources informed that the three BFIs opted for share ownership transfer as they are in the process of merger or acquisition. Another BFI, which is also in process of acquisition, has started discussion about share ownership transfer. Cases of two remaining BFIs are sub judice in the court, informed NRB.</p>
<p>The process of acquisition and merger which started during the tenure of Dr Yubaraj Khatiwada as the governor of NRB has not only reduced the number of BFIs but also helped in bringing down the number of problematic BFIs. In addition to that, the mandatory provision of doubling the paid-up capital within two years introduced by the current governor of NRB has expedited the process of acquisition of problematic BFIs. As a result, a total of 170 BFIs have been involved in the merger/acquisition process as of mid-July 2017. Following the merger/acquisition process, the license of 111 BFIs have been scrapped and there are 39 institutions left.</p>
<p> </p>
',
'published' => true,
'created' => '2017-08-23',
'modified' => '2017-08-23',
'keywords' => '',
'description' => '',
'sortorder' => '6238',
'image' => null,
'article_date' => '2017-08-23 00:00:00',
'homepage' => false,
'breaking_news' => false,
'main_news' => true,
'in_scroller' => false,
'user_id' => '16'
),
'ArticleCategory' => array(
'id' => '1',
'name' => 'NEWS',
'parentOf' => '0',
'published' => true,
'registered' => '2015-07-20 00:00:00',
'sortorder' => '158',
'del_flag' => '0',
'homepage' => true,
'display_in_menu' => true,
'user_id' => '1',
'created' => '0000-00-00 00:00:00',
'modified' => '2018-11-22 11:58:49'
),
'User' => array(
'password' => '*****',
'id' => '16',
'user_detail_id' => '0',
'group_id' => '1',
'username' => 'anmaharjan@newbusinessage.com',
'name' => '',
'email' => 'anmaharjan@newbusinessage.com',
'address' => '',
'gender' => '',
'access' => '1',
'phone' => '',
'access_type' => '0',
'activated' => false,
'sortorder' => '0',
'published' => '0',
'created' => '2016-04-04 17:02:17',
'last_login' => '2018-09-17 11:47:56',
'ip' => '202.63.242.112'
),
'ArticleComment' => array(),
'ArticleFeature' => array(),
'ArticleHasAuthor' => array(),
'ArticleHasTag' => array(),
'ArticleView' => array(
(int) 0 => array(
'article_id' => '6455',
'hit' => '1265'
)
),
'Slider' => array()
)
$current_user = null
$logged_in = false
$image = 'https://old.newbusinessage.com/app/webroot/img/news/'
$user = null
include - APP/View/Articles/view.ctp, line 115
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 117
Notice (8): Trying to access array offset on value of type null [APP/View/Articles/view.ctp, line 115]
$user = $this->Session->read('Auth.User');
//find the group of logged user
$groupId = $user['Group']['id'];
$viewFile = '/var/www/html/newbusinessage.com/app/View/Articles/view.ctp'
$dataForView = array(
'article' => array(
'Article' => array(
'id' => '6455',
'article_category_id' => '1',
'title' => 'Number of Problematic BFIs Comes Down',
'sub_title' => '',
'summary' => 'The number of problematic banks and financial institutions (BFIs) has recently come down. ',
'content' => '<p>August 23: The number of problematic banks and financial institutions (BFIs) has recently come down. The number of BFIs which were in trouble for a long time has been reduced after meeting the criteria set by Nepal Rastra Bank. There were 16 problematic BFIs in the country until a few years ago but that has been reduced to nine at present.</p>
<p>A financial report till mid-July prepared by the central bank has revealed that seven problematic BFIs have overcome their problems. Among them, General Finance and Arun Finance are back in operation. Some other troubled BFIs are either in course of operating under normal circumstances or in the process of merging with other institutions.</p>
<p>Among the nine problematic BFIs, three are in the process of share ownership transfer.</p>
<p>NRB sources informed that the three BFIs opted for share ownership transfer as they are in the process of merger or acquisition. Another BFI, which is also in process of acquisition, has started discussion about share ownership transfer. Cases of two remaining BFIs are sub judice in the court, informed NRB.</p>
<p>The process of acquisition and merger which started during the tenure of Dr Yubaraj Khatiwada as the governor of NRB has not only reduced the number of BFIs but also helped in bringing down the number of problematic BFIs. In addition to that, the mandatory provision of doubling the paid-up capital within two years introduced by the current governor of NRB has expedited the process of acquisition of problematic BFIs. As a result, a total of 170 BFIs have been involved in the merger/acquisition process as of mid-July 2017. Following the merger/acquisition process, the license of 111 BFIs have been scrapped and there are 39 institutions left.</p>
<p> </p>
',
'published' => true,
'created' => '2017-08-23',
'modified' => '2017-08-23',
'keywords' => '',
'description' => '',
'sortorder' => '6238',
'image' => null,
'article_date' => '2017-08-23 00:00:00',
'homepage' => false,
'breaking_news' => false,
'main_news' => true,
'in_scroller' => false,
'user_id' => '16'
),
'ArticleCategory' => array(
'id' => '1',
'name' => 'NEWS',
'parentOf' => '0',
'published' => true,
'registered' => '2015-07-20 00:00:00',
'sortorder' => '158',
'del_flag' => '0',
'homepage' => true,
'display_in_menu' => true,
'user_id' => '1',
'created' => '0000-00-00 00:00:00',
'modified' => '2018-11-22 11:58:49'
),
'User' => array(
'password' => '*****',
'id' => '16',
'user_detail_id' => '0',
'group_id' => '1',
'username' => 'anmaharjan@newbusinessage.com',
'name' => '',
'email' => 'anmaharjan@newbusinessage.com',
'address' => '',
'gender' => '',
'access' => '1',
'phone' => '',
'access_type' => '0',
'activated' => false,
'sortorder' => '0',
'published' => '0',
'created' => '2016-04-04 17:02:17',
'last_login' => '2018-09-17 11:47:56',
'ip' => '202.63.242.112'
),
'ArticleComment' => array(),
'ArticleFeature' => array(),
'ArticleHasAuthor' => array(),
'ArticleHasTag' => array(),
'ArticleView' => array(
(int) 0 => array(
[maximum depth reached]
)
),
'Slider' => array()
),
'current_user' => null,
'logged_in' => false
)
$article = array(
'Article' => array(
'id' => '6455',
'article_category_id' => '1',
'title' => 'Number of Problematic BFIs Comes Down',
'sub_title' => '',
'summary' => 'The number of problematic banks and financial institutions (BFIs) has recently come down. ',
'content' => '<p>August 23: The number of problematic banks and financial institutions (BFIs) has recently come down. The number of BFIs which were in trouble for a long time has been reduced after meeting the criteria set by Nepal Rastra Bank. There were 16 problematic BFIs in the country until a few years ago but that has been reduced to nine at present.</p>
<p>A financial report till mid-July prepared by the central bank has revealed that seven problematic BFIs have overcome their problems. Among them, General Finance and Arun Finance are back in operation. Some other troubled BFIs are either in course of operating under normal circumstances or in the process of merging with other institutions.</p>
<p>Among the nine problematic BFIs, three are in the process of share ownership transfer.</p>
<p>NRB sources informed that the three BFIs opted for share ownership transfer as they are in the process of merger or acquisition. Another BFI, which is also in process of acquisition, has started discussion about share ownership transfer. Cases of two remaining BFIs are sub judice in the court, informed NRB.</p>
<p>The process of acquisition and merger which started during the tenure of Dr Yubaraj Khatiwada as the governor of NRB has not only reduced the number of BFIs but also helped in bringing down the number of problematic BFIs. In addition to that, the mandatory provision of doubling the paid-up capital within two years introduced by the current governor of NRB has expedited the process of acquisition of problematic BFIs. As a result, a total of 170 BFIs have been involved in the merger/acquisition process as of mid-July 2017. Following the merger/acquisition process, the license of 111 BFIs have been scrapped and there are 39 institutions left.</p>
<p> </p>
',
'published' => true,
'created' => '2017-08-23',
'modified' => '2017-08-23',
'keywords' => '',
'description' => '',
'sortorder' => '6238',
'image' => null,
'article_date' => '2017-08-23 00:00:00',
'homepage' => false,
'breaking_news' => false,
'main_news' => true,
'in_scroller' => false,
'user_id' => '16'
),
'ArticleCategory' => array(
'id' => '1',
'name' => 'NEWS',
'parentOf' => '0',
'published' => true,
'registered' => '2015-07-20 00:00:00',
'sortorder' => '158',
'del_flag' => '0',
'homepage' => true,
'display_in_menu' => true,
'user_id' => '1',
'created' => '0000-00-00 00:00:00',
'modified' => '2018-11-22 11:58:49'
),
'User' => array(
'password' => '*****',
'id' => '16',
'user_detail_id' => '0',
'group_id' => '1',
'username' => 'anmaharjan@newbusinessage.com',
'name' => '',
'email' => 'anmaharjan@newbusinessage.com',
'address' => '',
'gender' => '',
'access' => '1',
'phone' => '',
'access_type' => '0',
'activated' => false,
'sortorder' => '0',
'published' => '0',
'created' => '2016-04-04 17:02:17',
'last_login' => '2018-09-17 11:47:56',
'ip' => '202.63.242.112'
),
'ArticleComment' => array(),
'ArticleFeature' => array(),
'ArticleHasAuthor' => array(),
'ArticleHasTag' => array(),
'ArticleView' => array(
(int) 0 => array(
'article_id' => '6455',
'hit' => '1265'
)
),
'Slider' => array()
)
$current_user = null
$logged_in = false
$image = 'https://old.newbusinessage.com/app/webroot/img/news/'
$user = null
include - APP/View/Articles/view.ctp, line 115
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 117
Notice (8): Trying to access array offset on value of type null [APP/View/Articles/view.ctp, line 116]
//find the group of logged user
$groupId = $user['Group']['id'];
$user_id=$user["id"];
$viewFile = '/var/www/html/newbusinessage.com/app/View/Articles/view.ctp'
$dataForView = array(
'article' => array(
'Article' => array(
'id' => '6455',
'article_category_id' => '1',
'title' => 'Number of Problematic BFIs Comes Down',
'sub_title' => '',
'summary' => 'The number of problematic banks and financial institutions (BFIs) has recently come down. ',
'content' => '<p>August 23: The number of problematic banks and financial institutions (BFIs) has recently come down. The number of BFIs which were in trouble for a long time has been reduced after meeting the criteria set by Nepal Rastra Bank. There were 16 problematic BFIs in the country until a few years ago but that has been reduced to nine at present.</p>
<p>A financial report till mid-July prepared by the central bank has revealed that seven problematic BFIs have overcome their problems. Among them, General Finance and Arun Finance are back in operation. Some other troubled BFIs are either in course of operating under normal circumstances or in the process of merging with other institutions.</p>
<p>Among the nine problematic BFIs, three are in the process of share ownership transfer.</p>
<p>NRB sources informed that the three BFIs opted for share ownership transfer as they are in the process of merger or acquisition. Another BFI, which is also in process of acquisition, has started discussion about share ownership transfer. Cases of two remaining BFIs are sub judice in the court, informed NRB.</p>
<p>The process of acquisition and merger which started during the tenure of Dr Yubaraj Khatiwada as the governor of NRB has not only reduced the number of BFIs but also helped in bringing down the number of problematic BFIs. In addition to that, the mandatory provision of doubling the paid-up capital within two years introduced by the current governor of NRB has expedited the process of acquisition of problematic BFIs. As a result, a total of 170 BFIs have been involved in the merger/acquisition process as of mid-July 2017. Following the merger/acquisition process, the license of 111 BFIs have been scrapped and there are 39 institutions left.</p>
<p> </p>
',
'published' => true,
'created' => '2017-08-23',
'modified' => '2017-08-23',
'keywords' => '',
'description' => '',
'sortorder' => '6238',
'image' => null,
'article_date' => '2017-08-23 00:00:00',
'homepage' => false,
'breaking_news' => false,
'main_news' => true,
'in_scroller' => false,
'user_id' => '16'
),
'ArticleCategory' => array(
'id' => '1',
'name' => 'NEWS',
'parentOf' => '0',
'published' => true,
'registered' => '2015-07-20 00:00:00',
'sortorder' => '158',
'del_flag' => '0',
'homepage' => true,
'display_in_menu' => true,
'user_id' => '1',
'created' => '0000-00-00 00:00:00',
'modified' => '2018-11-22 11:58:49'
),
'User' => array(
'password' => '*****',
'id' => '16',
'user_detail_id' => '0',
'group_id' => '1',
'username' => 'anmaharjan@newbusinessage.com',
'name' => '',
'email' => 'anmaharjan@newbusinessage.com',
'address' => '',
'gender' => '',
'access' => '1',
'phone' => '',
'access_type' => '0',
'activated' => false,
'sortorder' => '0',
'published' => '0',
'created' => '2016-04-04 17:02:17',
'last_login' => '2018-09-17 11:47:56',
'ip' => '202.63.242.112'
),
'ArticleComment' => array(),
'ArticleFeature' => array(),
'ArticleHasAuthor' => array(),
'ArticleHasTag' => array(),
'ArticleView' => array(
(int) 0 => array(
[maximum depth reached]
)
),
'Slider' => array()
),
'current_user' => null,
'logged_in' => false
)
$article = array(
'Article' => array(
'id' => '6455',
'article_category_id' => '1',
'title' => 'Number of Problematic BFIs Comes Down',
'sub_title' => '',
'summary' => 'The number of problematic banks and financial institutions (BFIs) has recently come down. ',
'content' => '<p>August 23: The number of problematic banks and financial institutions (BFIs) has recently come down. The number of BFIs which were in trouble for a long time has been reduced after meeting the criteria set by Nepal Rastra Bank. There were 16 problematic BFIs in the country until a few years ago but that has been reduced to nine at present.</p>
<p>A financial report till mid-July prepared by the central bank has revealed that seven problematic BFIs have overcome their problems. Among them, General Finance and Arun Finance are back in operation. Some other troubled BFIs are either in course of operating under normal circumstances or in the process of merging with other institutions.</p>
<p>Among the nine problematic BFIs, three are in the process of share ownership transfer.</p>
<p>NRB sources informed that the three BFIs opted for share ownership transfer as they are in the process of merger or acquisition. Another BFI, which is also in process of acquisition, has started discussion about share ownership transfer. Cases of two remaining BFIs are sub judice in the court, informed NRB.</p>
<p>The process of acquisition and merger which started during the tenure of Dr Yubaraj Khatiwada as the governor of NRB has not only reduced the number of BFIs but also helped in bringing down the number of problematic BFIs. In addition to that, the mandatory provision of doubling the paid-up capital within two years introduced by the current governor of NRB has expedited the process of acquisition of problematic BFIs. As a result, a total of 170 BFIs have been involved in the merger/acquisition process as of mid-July 2017. Following the merger/acquisition process, the license of 111 BFIs have been scrapped and there are 39 institutions left.</p>
<p> </p>
',
'published' => true,
'created' => '2017-08-23',
'modified' => '2017-08-23',
'keywords' => '',
'description' => '',
'sortorder' => '6238',
'image' => null,
'article_date' => '2017-08-23 00:00:00',
'homepage' => false,
'breaking_news' => false,
'main_news' => true,
'in_scroller' => false,
'user_id' => '16'
),
'ArticleCategory' => array(
'id' => '1',
'name' => 'NEWS',
'parentOf' => '0',
'published' => true,
'registered' => '2015-07-20 00:00:00',
'sortorder' => '158',
'del_flag' => '0',
'homepage' => true,
'display_in_menu' => true,
'user_id' => '1',
'created' => '0000-00-00 00:00:00',
'modified' => '2018-11-22 11:58:49'
),
'User' => array(
'password' => '*****',
'id' => '16',
'user_detail_id' => '0',
'group_id' => '1',
'username' => 'anmaharjan@newbusinessage.com',
'name' => '',
'email' => 'anmaharjan@newbusinessage.com',
'address' => '',
'gender' => '',
'access' => '1',
'phone' => '',
'access_type' => '0',
'activated' => false,
'sortorder' => '0',
'published' => '0',
'created' => '2016-04-04 17:02:17',
'last_login' => '2018-09-17 11:47:56',
'ip' => '202.63.242.112'
),
'ArticleComment' => array(),
'ArticleFeature' => array(),
'ArticleHasAuthor' => array(),
'ArticleHasTag' => array(),
'ArticleView' => array(
(int) 0 => array(
'article_id' => '6455',
'hit' => '1265'
)
),
'Slider' => array()
)
$current_user = null
$logged_in = false
$image = 'https://old.newbusinessage.com/app/webroot/img/news/'
$user = null
$groupId = null
include - APP/View/Articles/view.ctp, line 116
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 117
August 23: The number of problematic banks and financial institutions (BFIs) has recently come down. The number of BFIs which were in trouble for a long time has been reduced after meeting the criteria set by Nepal Rastra Bank. There were 16 problematic BFIs in the country until a few years ago but that has been reduced to nine at present.
A financial report till mid-July prepared by the central bank has revealed that seven problematic BFIs have overcome their problems. Among them, General Finance and Arun Finance are back in operation. Some other troubled BFIs are either in course of operating under normal circumstances or in the process of merging with other institutions.
Among the nine problematic BFIs, three are in the process of share ownership transfer.
NRB sources informed that the three BFIs opted for share ownership transfer as they are in the process of merger or acquisition. Another BFI, which is also in process of acquisition, has started discussion about share ownership transfer. Cases of two remaining BFIs are sub judice in the court, informed NRB.
The process of acquisition and merger which started during the tenure of Dr Yubaraj Khatiwada as the governor of NRB has not only reduced the number of BFIs but also helped in bringing down the number of problematic BFIs. In addition to that, the mandatory provision of doubling the paid-up capital within two years introduced by the current governor of NRB has expedited the process of acquisition of problematic BFIs. As a result, a total of 170 BFIs have been involved in the merger/acquisition process as of mid-July 2017. Following the merger/acquisition process, the license of 111 BFIs have been scrapped and there are 39 institutions left.
FormHelper::create() - CORE/Cake/View/Helper/FormHelper.php, line 383
include - APP/View/Articles/view.ctp, line 273
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 117
$viewFile = '/var/www/html/newbusinessage.com/app/View/Elements/side_bar.ctp'
$dataForView = array(
'article' => array(
'Article' => array(
'id' => '6455',
'article_category_id' => '1',
'title' => 'Number of Problematic BFIs Comes Down',
'sub_title' => '',
'summary' => 'The number of problematic banks and financial institutions (BFIs) has recently come down. ',
'content' => '<p>August 23: The number of problematic banks and financial institutions (BFIs) has recently come down. The number of BFIs which were in trouble for a long time has been reduced after meeting the criteria set by Nepal Rastra Bank. There were 16 problematic BFIs in the country until a few years ago but that has been reduced to nine at present.</p>
<p>A financial report till mid-July prepared by the central bank has revealed that seven problematic BFIs have overcome their problems. Among them, General Finance and Arun Finance are back in operation. Some other troubled BFIs are either in course of operating under normal circumstances or in the process of merging with other institutions.</p>
<p>Among the nine problematic BFIs, three are in the process of share ownership transfer.</p>
<p>NRB sources informed that the three BFIs opted for share ownership transfer as they are in the process of merger or acquisition. Another BFI, which is also in process of acquisition, has started discussion about share ownership transfer. Cases of two remaining BFIs are sub judice in the court, informed NRB.</p>
<p>The process of acquisition and merger which started during the tenure of Dr Yubaraj Khatiwada as the governor of NRB has not only reduced the number of BFIs but also helped in bringing down the number of problematic BFIs. In addition to that, the mandatory provision of doubling the paid-up capital within two years introduced by the current governor of NRB has expedited the process of acquisition of problematic BFIs. As a result, a total of 170 BFIs have been involved in the merger/acquisition process as of mid-July 2017. Following the merger/acquisition process, the license of 111 BFIs have been scrapped and there are 39 institutions left.</p>
<p> </p>
',
'published' => true,
'created' => '2017-08-23',
'modified' => '2017-08-23',
'keywords' => '',
'description' => '',
'sortorder' => '6238',
'image' => null,
'article_date' => '2017-08-23 00:00:00',
'homepage' => false,
'breaking_news' => false,
'main_news' => true,
'in_scroller' => false,
'user_id' => '16'
),
'ArticleCategory' => array(
'id' => '1',
'name' => 'NEWS',
'parentOf' => '0',
'published' => true,
'registered' => '2015-07-20 00:00:00',
'sortorder' => '158',
'del_flag' => '0',
'homepage' => true,
'display_in_menu' => true,
'user_id' => '1',
'created' => '0000-00-00 00:00:00',
'modified' => '2018-11-22 11:58:49'
),
'User' => array(
'password' => '*****',
'id' => '16',
'user_detail_id' => '0',
'group_id' => '1',
'username' => 'anmaharjan@newbusinessage.com',
'name' => '',
'email' => 'anmaharjan@newbusinessage.com',
'address' => '',
'gender' => '',
'access' => '1',
'phone' => '',
'access_type' => '0',
'activated' => false,
'sortorder' => '0',
'published' => '0',
'created' => '2016-04-04 17:02:17',
'last_login' => '2018-09-17 11:47:56',
'ip' => '202.63.242.112'
),
'ArticleComment' => array(),
'ArticleFeature' => array(),
'ArticleHasAuthor' => array(),
'ArticleHasTag' => array(),
'ArticleView' => array(
(int) 0 => array(
[maximum depth reached]
)
),
'Slider' => array()
),
'current_user' => null,
'logged_in' => false
)
$article = array(
'Article' => array(
'id' => '6455',
'article_category_id' => '1',
'title' => 'Number of Problematic BFIs Comes Down',
'sub_title' => '',
'summary' => 'The number of problematic banks and financial institutions (BFIs) has recently come down. ',
'content' => '<p>August 23: The number of problematic banks and financial institutions (BFIs) has recently come down. The number of BFIs which were in trouble for a long time has been reduced after meeting the criteria set by Nepal Rastra Bank. There were 16 problematic BFIs in the country until a few years ago but that has been reduced to nine at present.</p>
<p>A financial report till mid-July prepared by the central bank has revealed that seven problematic BFIs have overcome their problems. Among them, General Finance and Arun Finance are back in operation. Some other troubled BFIs are either in course of operating under normal circumstances or in the process of merging with other institutions.</p>
<p>Among the nine problematic BFIs, three are in the process of share ownership transfer.</p>
<p>NRB sources informed that the three BFIs opted for share ownership transfer as they are in the process of merger or acquisition. Another BFI, which is also in process of acquisition, has started discussion about share ownership transfer. Cases of two remaining BFIs are sub judice in the court, informed NRB.</p>
<p>The process of acquisition and merger which started during the tenure of Dr Yubaraj Khatiwada as the governor of NRB has not only reduced the number of BFIs but also helped in bringing down the number of problematic BFIs. In addition to that, the mandatory provision of doubling the paid-up capital within two years introduced by the current governor of NRB has expedited the process of acquisition of problematic BFIs. As a result, a total of 170 BFIs have been involved in the merger/acquisition process as of mid-July 2017. Following the merger/acquisition process, the license of 111 BFIs have been scrapped and there are 39 institutions left.</p>
<p> </p>
',
'published' => true,
'created' => '2017-08-23',
'modified' => '2017-08-23',
'keywords' => '',
'description' => '',
'sortorder' => '6238',
'image' => null,
'article_date' => '2017-08-23 00:00:00',
'homepage' => false,
'breaking_news' => false,
'main_news' => true,
'in_scroller' => false,
'user_id' => '16'
),
'ArticleCategory' => array(
'id' => '1',
'name' => 'NEWS',
'parentOf' => '0',
'published' => true,
'registered' => '2015-07-20 00:00:00',
'sortorder' => '158',
'del_flag' => '0',
'homepage' => true,
'display_in_menu' => true,
'user_id' => '1',
'created' => '0000-00-00 00:00:00',
'modified' => '2018-11-22 11:58:49'
),
'User' => array(
'password' => '*****',
'id' => '16',
'user_detail_id' => '0',
'group_id' => '1',
'username' => 'anmaharjan@newbusinessage.com',
'name' => '',
'email' => 'anmaharjan@newbusinessage.com',
'address' => '',
'gender' => '',
'access' => '1',
'phone' => '',
'access_type' => '0',
'activated' => false,
'sortorder' => '0',
'published' => '0',
'created' => '2016-04-04 17:02:17',
'last_login' => '2018-09-17 11:47:56',
'ip' => '202.63.242.112'
),
'ArticleComment' => array(),
'ArticleFeature' => array(),
'ArticleHasAuthor' => array(),
'ArticleHasTag' => array(),
'ArticleView' => array(
(int) 0 => array(
'article_id' => '6455',
'hit' => '1265'
)
),
'Slider' => array()
)
$current_user = null
$logged_in = false
include - APP/View/Elements/side_bar.ctp, line 60
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::_renderElement() - CORE/Cake/View/View.php, line 1224
View::element() - CORE/Cake/View/View.php, line 418
include - APP/View/Articles/view.ctp, line 391
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 117
Warning (2): simplexml_load_file() [<a href='http://php.net/function.simplexml-load-file'>function.simplexml-load-file</a>]: I/O warning : failed to load external entity "" [APP/View/Elements/side_bar.ctp, line 60]
$viewFile = '/var/www/html/newbusinessage.com/app/View/Elements/side_bar.ctp'
$dataForView = array(
'article' => array(
'Article' => array(
'id' => '6455',
'article_category_id' => '1',
'title' => 'Number of Problematic BFIs Comes Down',
'sub_title' => '',
'summary' => 'The number of problematic banks and financial institutions (BFIs) has recently come down. ',
'content' => '<p>August 23: The number of problematic banks and financial institutions (BFIs) has recently come down. The number of BFIs which were in trouble for a long time has been reduced after meeting the criteria set by Nepal Rastra Bank. There were 16 problematic BFIs in the country until a few years ago but that has been reduced to nine at present.</p>
<p>A financial report till mid-July prepared by the central bank has revealed that seven problematic BFIs have overcome their problems. Among them, General Finance and Arun Finance are back in operation. Some other troubled BFIs are either in course of operating under normal circumstances or in the process of merging with other institutions.</p>
<p>Among the nine problematic BFIs, three are in the process of share ownership transfer.</p>
<p>NRB sources informed that the three BFIs opted for share ownership transfer as they are in the process of merger or acquisition. Another BFI, which is also in process of acquisition, has started discussion about share ownership transfer. Cases of two remaining BFIs are sub judice in the court, informed NRB.</p>
<p>The process of acquisition and merger which started during the tenure of Dr Yubaraj Khatiwada as the governor of NRB has not only reduced the number of BFIs but also helped in bringing down the number of problematic BFIs. In addition to that, the mandatory provision of doubling the paid-up capital within two years introduced by the current governor of NRB has expedited the process of acquisition of problematic BFIs. As a result, a total of 170 BFIs have been involved in the merger/acquisition process as of mid-July 2017. Following the merger/acquisition process, the license of 111 BFIs have been scrapped and there are 39 institutions left.</p>
<p> </p>
',
'published' => true,
'created' => '2017-08-23',
'modified' => '2017-08-23',
'keywords' => '',
'description' => '',
'sortorder' => '6238',
'image' => null,
'article_date' => '2017-08-23 00:00:00',
'homepage' => false,
'breaking_news' => false,
'main_news' => true,
'in_scroller' => false,
'user_id' => '16'
),
'ArticleCategory' => array(
'id' => '1',
'name' => 'NEWS',
'parentOf' => '0',
'published' => true,
'registered' => '2015-07-20 00:00:00',
'sortorder' => '158',
'del_flag' => '0',
'homepage' => true,
'display_in_menu' => true,
'user_id' => '1',
'created' => '0000-00-00 00:00:00',
'modified' => '2018-11-22 11:58:49'
),
'User' => array(
'password' => '*****',
'id' => '16',
'user_detail_id' => '0',
'group_id' => '1',
'username' => 'anmaharjan@newbusinessage.com',
'name' => '',
'email' => 'anmaharjan@newbusinessage.com',
'address' => '',
'gender' => '',
'access' => '1',
'phone' => '',
'access_type' => '0',
'activated' => false,
'sortorder' => '0',
'published' => '0',
'created' => '2016-04-04 17:02:17',
'last_login' => '2018-09-17 11:47:56',
'ip' => '202.63.242.112'
),
'ArticleComment' => array(),
'ArticleFeature' => array(),
'ArticleHasAuthor' => array(),
'ArticleHasTag' => array(),
'ArticleView' => array(
(int) 0 => array(
[maximum depth reached]
)
),
'Slider' => array()
),
'current_user' => null,
'logged_in' => false
)
$article = array(
'Article' => array(
'id' => '6455',
'article_category_id' => '1',
'title' => 'Number of Problematic BFIs Comes Down',
'sub_title' => '',
'summary' => 'The number of problematic banks and financial institutions (BFIs) has recently come down. ',
'content' => '<p>August 23: The number of problematic banks and financial institutions (BFIs) has recently come down. The number of BFIs which were in trouble for a long time has been reduced after meeting the criteria set by Nepal Rastra Bank. There were 16 problematic BFIs in the country until a few years ago but that has been reduced to nine at present.</p>
<p>A financial report till mid-July prepared by the central bank has revealed that seven problematic BFIs have overcome their problems. Among them, General Finance and Arun Finance are back in operation. Some other troubled BFIs are either in course of operating under normal circumstances or in the process of merging with other institutions.</p>
<p>Among the nine problematic BFIs, three are in the process of share ownership transfer.</p>
<p>NRB sources informed that the three BFIs opted for share ownership transfer as they are in the process of merger or acquisition. Another BFI, which is also in process of acquisition, has started discussion about share ownership transfer. Cases of two remaining BFIs are sub judice in the court, informed NRB.</p>
<p>The process of acquisition and merger which started during the tenure of Dr Yubaraj Khatiwada as the governor of NRB has not only reduced the number of BFIs but also helped in bringing down the number of problematic BFIs. In addition to that, the mandatory provision of doubling the paid-up capital within two years introduced by the current governor of NRB has expedited the process of acquisition of problematic BFIs. As a result, a total of 170 BFIs have been involved in the merger/acquisition process as of mid-July 2017. Following the merger/acquisition process, the license of 111 BFIs have been scrapped and there are 39 institutions left.</p>
<p> </p>
',
'published' => true,
'created' => '2017-08-23',
'modified' => '2017-08-23',
'keywords' => '',
'description' => '',
'sortorder' => '6238',
'image' => null,
'article_date' => '2017-08-23 00:00:00',
'homepage' => false,
'breaking_news' => false,
'main_news' => true,
'in_scroller' => false,
'user_id' => '16'
),
'ArticleCategory' => array(
'id' => '1',
'name' => 'NEWS',
'parentOf' => '0',
'published' => true,
'registered' => '2015-07-20 00:00:00',
'sortorder' => '158',
'del_flag' => '0',
'homepage' => true,
'display_in_menu' => true,
'user_id' => '1',
'created' => '0000-00-00 00:00:00',
'modified' => '2018-11-22 11:58:49'
),
'User' => array(
'password' => '*****',
'id' => '16',
'user_detail_id' => '0',
'group_id' => '1',
'username' => 'anmaharjan@newbusinessage.com',
'name' => '',
'email' => 'anmaharjan@newbusinessage.com',
'address' => '',
'gender' => '',
'access' => '1',
'phone' => '',
'access_type' => '0',
'activated' => false,
'sortorder' => '0',
'published' => '0',
'created' => '2016-04-04 17:02:17',
'last_login' => '2018-09-17 11:47:56',
'ip' => '202.63.242.112'
),
'ArticleComment' => array(),
'ArticleFeature' => array(),
'ArticleHasAuthor' => array(),
'ArticleHasTag' => array(),
'ArticleView' => array(
(int) 0 => array(
'article_id' => '6455',
'hit' => '1265'
)
),
'Slider' => array()
)
$current_user = null
$logged_in = false
simplexml_load_file - [internal], line ??
include - APP/View/Elements/side_bar.ctp, line 60
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::_renderElement() - CORE/Cake/View/View.php, line 1224
View::element() - CORE/Cake/View/View.php, line 418
include - APP/View/Articles/view.ctp, line 391
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 117
file not found!
Notice (8): Undefined variable: file [APP/View/Elements/side_bar.ctp, line 133]
$viewFile = '/var/www/html/newbusinessage.com/app/View/Elements/side_bar.ctp'
$dataForView = array(
'article' => array(
'Article' => array(
'id' => '6455',
'article_category_id' => '1',
'title' => 'Number of Problematic BFIs Comes Down',
'sub_title' => '',
'summary' => 'The number of problematic banks and financial institutions (BFIs) has recently come down. ',
'content' => '<p>August 23: The number of problematic banks and financial institutions (BFIs) has recently come down. The number of BFIs which were in trouble for a long time has been reduced after meeting the criteria set by Nepal Rastra Bank. There were 16 problematic BFIs in the country until a few years ago but that has been reduced to nine at present.</p>
<p>A financial report till mid-July prepared by the central bank has revealed that seven problematic BFIs have overcome their problems. Among them, General Finance and Arun Finance are back in operation. Some other troubled BFIs are either in course of operating under normal circumstances or in the process of merging with other institutions.</p>
<p>Among the nine problematic BFIs, three are in the process of share ownership transfer.</p>
<p>NRB sources informed that the three BFIs opted for share ownership transfer as they are in the process of merger or acquisition. Another BFI, which is also in process of acquisition, has started discussion about share ownership transfer. Cases of two remaining BFIs are sub judice in the court, informed NRB.</p>
<p>The process of acquisition and merger which started during the tenure of Dr Yubaraj Khatiwada as the governor of NRB has not only reduced the number of BFIs but also helped in bringing down the number of problematic BFIs. In addition to that, the mandatory provision of doubling the paid-up capital within two years introduced by the current governor of NRB has expedited the process of acquisition of problematic BFIs. As a result, a total of 170 BFIs have been involved in the merger/acquisition process as of mid-July 2017. Following the merger/acquisition process, the license of 111 BFIs have been scrapped and there are 39 institutions left.</p>
<p> </p>
',
'published' => true,
'created' => '2017-08-23',
'modified' => '2017-08-23',
'keywords' => '',
'description' => '',
'sortorder' => '6238',
'image' => null,
'article_date' => '2017-08-23 00:00:00',
'homepage' => false,
'breaking_news' => false,
'main_news' => true,
'in_scroller' => false,
'user_id' => '16'
),
'ArticleCategory' => array(
'id' => '1',
'name' => 'NEWS',
'parentOf' => '0',
'published' => true,
'registered' => '2015-07-20 00:00:00',
'sortorder' => '158',
'del_flag' => '0',
'homepage' => true,
'display_in_menu' => true,
'user_id' => '1',
'created' => '0000-00-00 00:00:00',
'modified' => '2018-11-22 11:58:49'
),
'User' => array(
'password' => '*****',
'id' => '16',
'user_detail_id' => '0',
'group_id' => '1',
'username' => 'anmaharjan@newbusinessage.com',
'name' => '',
'email' => 'anmaharjan@newbusinessage.com',
'address' => '',
'gender' => '',
'access' => '1',
'phone' => '',
'access_type' => '0',
'activated' => false,
'sortorder' => '0',
'published' => '0',
'created' => '2016-04-04 17:02:17',
'last_login' => '2018-09-17 11:47:56',
'ip' => '202.63.242.112'
),
'ArticleComment' => array(),
'ArticleFeature' => array(),
'ArticleHasAuthor' => array(),
'ArticleHasTag' => array(),
'ArticleView' => array(
(int) 0 => array(
[maximum depth reached]
)
),
'Slider' => array()
),
'current_user' => null,
'logged_in' => false
)
$article = array(
'Article' => array(
'id' => '6455',
'article_category_id' => '1',
'title' => 'Number of Problematic BFIs Comes Down',
'sub_title' => '',
'summary' => 'The number of problematic banks and financial institutions (BFIs) has recently come down. ',
'content' => '<p>August 23: The number of problematic banks and financial institutions (BFIs) has recently come down. The number of BFIs which were in trouble for a long time has been reduced after meeting the criteria set by Nepal Rastra Bank. There were 16 problematic BFIs in the country until a few years ago but that has been reduced to nine at present.</p>
<p>A financial report till mid-July prepared by the central bank has revealed that seven problematic BFIs have overcome their problems. Among them, General Finance and Arun Finance are back in operation. Some other troubled BFIs are either in course of operating under normal circumstances or in the process of merging with other institutions.</p>
<p>Among the nine problematic BFIs, three are in the process of share ownership transfer.</p>
<p>NRB sources informed that the three BFIs opted for share ownership transfer as they are in the process of merger or acquisition. Another BFI, which is also in process of acquisition, has started discussion about share ownership transfer. Cases of two remaining BFIs are sub judice in the court, informed NRB.</p>
<p>The process of acquisition and merger which started during the tenure of Dr Yubaraj Khatiwada as the governor of NRB has not only reduced the number of BFIs but also helped in bringing down the number of problematic BFIs. In addition to that, the mandatory provision of doubling the paid-up capital within two years introduced by the current governor of NRB has expedited the process of acquisition of problematic BFIs. As a result, a total of 170 BFIs have been involved in the merger/acquisition process as of mid-July 2017. Following the merger/acquisition process, the license of 111 BFIs have been scrapped and there are 39 institutions left.</p>
<p> </p>
',
'published' => true,
'created' => '2017-08-23',
'modified' => '2017-08-23',
'keywords' => '',
'description' => '',
'sortorder' => '6238',
'image' => null,
'article_date' => '2017-08-23 00:00:00',
'homepage' => false,
'breaking_news' => false,
'main_news' => true,
'in_scroller' => false,
'user_id' => '16'
),
'ArticleCategory' => array(
'id' => '1',
'name' => 'NEWS',
'parentOf' => '0',
'published' => true,
'registered' => '2015-07-20 00:00:00',
'sortorder' => '158',
'del_flag' => '0',
'homepage' => true,
'display_in_menu' => true,
'user_id' => '1',
'created' => '0000-00-00 00:00:00',
'modified' => '2018-11-22 11:58:49'
),
'User' => array(
'password' => '*****',
'id' => '16',
'user_detail_id' => '0',
'group_id' => '1',
'username' => 'anmaharjan@newbusinessage.com',
'name' => '',
'email' => 'anmaharjan@newbusinessage.com',
'address' => '',
'gender' => '',
'access' => '1',
'phone' => '',
'access_type' => '0',
'activated' => false,
'sortorder' => '0',
'published' => '0',
'created' => '2016-04-04 17:02:17',
'last_login' => '2018-09-17 11:47:56',
'ip' => '202.63.242.112'
),
'ArticleComment' => array(),
'ArticleFeature' => array(),
'ArticleHasAuthor' => array(),
'ArticleHasTag' => array(),
'ArticleView' => array(
(int) 0 => array(
'article_id' => '6455',
'hit' => '1265'
)
),
'Slider' => array()
)
$current_user = null
$logged_in = false
$xml = false
include - APP/View/Elements/side_bar.ctp, line 133
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::_renderElement() - CORE/Cake/View/View.php, line 1224
View::element() - CORE/Cake/View/View.php, line 418
include - APP/View/Articles/view.ctp, line 391
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 117
Warning (2): simplexml_load_file() [<a href='http://php.net/function.simplexml-load-file'>function.simplexml-load-file</a>]: I/O warning : failed to load external entity "" [APP/View/Elements/side_bar.ctp, line 133]
$viewFile = '/var/www/html/newbusinessage.com/app/View/Elements/side_bar.ctp'
$dataForView = array(
'article' => array(
'Article' => array(
'id' => '6455',
'article_category_id' => '1',
'title' => 'Number of Problematic BFIs Comes Down',
'sub_title' => '',
'summary' => 'The number of problematic banks and financial institutions (BFIs) has recently come down. ',
'content' => '<p>August 23: The number of problematic banks and financial institutions (BFIs) has recently come down. The number of BFIs which were in trouble for a long time has been reduced after meeting the criteria set by Nepal Rastra Bank. There were 16 problematic BFIs in the country until a few years ago but that has been reduced to nine at present.</p>
<p>A financial report till mid-July prepared by the central bank has revealed that seven problematic BFIs have overcome their problems. Among them, General Finance and Arun Finance are back in operation. Some other troubled BFIs are either in course of operating under normal circumstances or in the process of merging with other institutions.</p>
<p>Among the nine problematic BFIs, three are in the process of share ownership transfer.</p>
<p>NRB sources informed that the three BFIs opted for share ownership transfer as they are in the process of merger or acquisition. Another BFI, which is also in process of acquisition, has started discussion about share ownership transfer. Cases of two remaining BFIs are sub judice in the court, informed NRB.</p>
<p>The process of acquisition and merger which started during the tenure of Dr Yubaraj Khatiwada as the governor of NRB has not only reduced the number of BFIs but also helped in bringing down the number of problematic BFIs. In addition to that, the mandatory provision of doubling the paid-up capital within two years introduced by the current governor of NRB has expedited the process of acquisition of problematic BFIs. As a result, a total of 170 BFIs have been involved in the merger/acquisition process as of mid-July 2017. Following the merger/acquisition process, the license of 111 BFIs have been scrapped and there are 39 institutions left.</p>
<p> </p>
',
'published' => true,
'created' => '2017-08-23',
'modified' => '2017-08-23',
'keywords' => '',
'description' => '',
'sortorder' => '6238',
'image' => null,
'article_date' => '2017-08-23 00:00:00',
'homepage' => false,
'breaking_news' => false,
'main_news' => true,
'in_scroller' => false,
'user_id' => '16'
),
'ArticleCategory' => array(
'id' => '1',
'name' => 'NEWS',
'parentOf' => '0',
'published' => true,
'registered' => '2015-07-20 00:00:00',
'sortorder' => '158',
'del_flag' => '0',
'homepage' => true,
'display_in_menu' => true,
'user_id' => '1',
'created' => '0000-00-00 00:00:00',
'modified' => '2018-11-22 11:58:49'
),
'User' => array(
'password' => '*****',
'id' => '16',
'user_detail_id' => '0',
'group_id' => '1',
'username' => 'anmaharjan@newbusinessage.com',
'name' => '',
'email' => 'anmaharjan@newbusinessage.com',
'address' => '',
'gender' => '',
'access' => '1',
'phone' => '',
'access_type' => '0',
'activated' => false,
'sortorder' => '0',
'published' => '0',
'created' => '2016-04-04 17:02:17',
'last_login' => '2018-09-17 11:47:56',
'ip' => '202.63.242.112'
),
'ArticleComment' => array(),
'ArticleFeature' => array(),
'ArticleHasAuthor' => array(),
'ArticleHasTag' => array(),
'ArticleView' => array(
(int) 0 => array(
[maximum depth reached]
)
),
'Slider' => array()
),
'current_user' => null,
'logged_in' => false
)
$article = array(
'Article' => array(
'id' => '6455',
'article_category_id' => '1',
'title' => 'Number of Problematic BFIs Comes Down',
'sub_title' => '',
'summary' => 'The number of problematic banks and financial institutions (BFIs) has recently come down. ',
'content' => '<p>August 23: The number of problematic banks and financial institutions (BFIs) has recently come down. The number of BFIs which were in trouble for a long time has been reduced after meeting the criteria set by Nepal Rastra Bank. There were 16 problematic BFIs in the country until a few years ago but that has been reduced to nine at present.</p>
<p>A financial report till mid-July prepared by the central bank has revealed that seven problematic BFIs have overcome their problems. Among them, General Finance and Arun Finance are back in operation. Some other troubled BFIs are either in course of operating under normal circumstances or in the process of merging with other institutions.</p>
<p>Among the nine problematic BFIs, three are in the process of share ownership transfer.</p>
<p>NRB sources informed that the three BFIs opted for share ownership transfer as they are in the process of merger or acquisition. Another BFI, which is also in process of acquisition, has started discussion about share ownership transfer. Cases of two remaining BFIs are sub judice in the court, informed NRB.</p>
<p>The process of acquisition and merger which started during the tenure of Dr Yubaraj Khatiwada as the governor of NRB has not only reduced the number of BFIs but also helped in bringing down the number of problematic BFIs. In addition to that, the mandatory provision of doubling the paid-up capital within two years introduced by the current governor of NRB has expedited the process of acquisition of problematic BFIs. As a result, a total of 170 BFIs have been involved in the merger/acquisition process as of mid-July 2017. Following the merger/acquisition process, the license of 111 BFIs have been scrapped and there are 39 institutions left.</p>
<p> </p>
',
'published' => true,
'created' => '2017-08-23',
'modified' => '2017-08-23',
'keywords' => '',
'description' => '',
'sortorder' => '6238',
'image' => null,
'article_date' => '2017-08-23 00:00:00',
'homepage' => false,
'breaking_news' => false,
'main_news' => true,
'in_scroller' => false,
'user_id' => '16'
),
'ArticleCategory' => array(
'id' => '1',
'name' => 'NEWS',
'parentOf' => '0',
'published' => true,
'registered' => '2015-07-20 00:00:00',
'sortorder' => '158',
'del_flag' => '0',
'homepage' => true,
'display_in_menu' => true,
'user_id' => '1',
'created' => '0000-00-00 00:00:00',
'modified' => '2018-11-22 11:58:49'
),
'User' => array(
'password' => '*****',
'id' => '16',
'user_detail_id' => '0',
'group_id' => '1',
'username' => 'anmaharjan@newbusinessage.com',
'name' => '',
'email' => 'anmaharjan@newbusinessage.com',
'address' => '',
'gender' => '',
'access' => '1',
'phone' => '',
'access_type' => '0',
'activated' => false,
'sortorder' => '0',
'published' => '0',
'created' => '2016-04-04 17:02:17',
'last_login' => '2018-09-17 11:47:56',
'ip' => '202.63.242.112'
),
'ArticleComment' => array(),
'ArticleFeature' => array(),
'ArticleHasAuthor' => array(),
'ArticleHasTag' => array(),
'ArticleView' => array(
(int) 0 => array(
'article_id' => '6455',
'hit' => '1265'
)
),
'Slider' => array()
)
$current_user = null
$logged_in = false
$xml = false
simplexml_load_file - [internal], line ??
include - APP/View/Elements/side_bar.ctp, line 133
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::_renderElement() - CORE/Cake/View/View.php, line 1224
View::element() - CORE/Cake/View/View.php, line 418
include - APP/View/Articles/view.ctp, line 391
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 117
